Nisun International Correlations

NISN Stock

USD 3.60 0.01 0.28%

The current 90-days correlation between Nisun International and Finance of America is 0.19 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nisun International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nisun International Enterprise moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Nisun International Correlation With Market

Very weak diversification

The correlation between Nisun International Enterprise and DJI is 0.43 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Nisun International Enterprise and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Nisun Stock

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nisun International Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with Nisun Stock

0.67	AP	Ampco Pittsburgh	Pair Corr
0.65	FA	First Advantage Corp	Pair Corr
0.63	HY	Hyster Yale Materials	Pair Corr

Related Correlations Analysis

	DXF	XYF	SNTG	FOA	SJ	CNEY	AGMH
DXF		0.69	0.05	-0.59	0.73	0.83	0.76	DXF
XYF	0.69		0.44	-0.52	0.59	0.81	0.74	XYF
SNTG	0.05	0.44		-0.07	-0.01	0.2	0.14	SNTG
FOA	-0.59	-0.52	-0.07		-0.74	-0.61	-0.49	FOA
SJ	0.73	0.59	-0.01	-0.74		0.74	0.78	SJ
CNEY	0.83	0.81	0.2	-0.61	0.74		0.75	CNEY
AGMH	0.76	0.74	0.14	-0.49	0.78	0.75		AGMH
	DXF	XYF	SNTG	FOA	SJ	CNEY	AGMH

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

CNEY	+ 0.83	DXF
CNEY	+ 0.81	XYF
AGMH	+ 0.78	SJ
AGMH	+ 0.76	DXF
AGMH	+ 0.75	CNEY
AGMH	+ 0.74	XYF

High negative correlations

SJ	- 0.74	FOA
CNEY	- 0.61	FOA
FOA	- 0.59	DXF
FOA	- 0.52	XYF
AGMH	- 0.49	FOA
FOA	- 0.07	SNTG

Risk-Adjusted Indicators

There is a big difference between Nisun Stock performing well and Nisun International Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Nisun International's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
DXF	4.33	(0.64)	0.00	(0.12)	0.00	0.00	9.16	(8.41)	29.41
XYF	3.04	(0.38)	0.00	(0.38)	0.00	0.00	5.50	(5.49)	19.30
SNTG	3.14	0.24	0.07	0.23	3.75	(4.55)	8.19	(7.57)	35.71
FOA	2.48	0.20	0.14	0.16	2.30	(3.10)	6.07	(4.04)	22.18
SJ	3.01	(0.41)	0.00	0.48	0.00	0.00	6.17	(7.22)	25.54
CNEY	2.47	(0.51)	0.00	(0.16)	0.00	0.00	6.15	(5.24)	16.03
AGMH	5.01	(0.62)	0.00	(0.20)	0.00	0.00	11.68	(11.58)	55.73

Nisun International Corporate Management

Changjuan Liang	Chief Officer	Profile
Xiao Jin	Financial Controller	Profile
Yingping Chen	Sec	Profile
Anne Fan	S Board	Profile
Xiaoliang Xue	Chief Officer	Profile
Jun Zheng	Chief Officer	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC